Eugenio Jaramillo & CBO Editorial Staff

The Association of Equipment Manufacturers (AEM) and the Committee for European Construction Equipment (CECE) released a joint statement today calling on American and European government leaders to negotiate towards a friendlier trade environment. After the recent World Trade Organization ruling on Airbus, the United States announced tariffs on $7.5 million of European goods, including certain types of construction equipment, and the European Union may do the same. Details here.